Previous close | 1.1500 |
Open | 1.0000 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 50.00 |
Expiry date | 2023-05-19 |
Day's range | 1.0000 - 1.1500 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Most readers would already know that Knight-Swift Transportation Holdings' (NYSE:KNX) stock increased by 5.8% over the...
U.S. Xpress Enterprises (NYSE: USX) was the target of a big-premium buyout this week, and its stock is in the fast lane as a result. Shares of the trucking company are up more than 280% for the week, according to data provided by S&P Global Market Intelligence, after the company agreed to be acquired by Knight-Swift Transportation Holdings (NYSE: KNX). U.S. Xpress is a Tennessee-based trucking company that operates from a network of 14 facilities located primarily in the Eastern half of the U.S. The company generated about $2.2 billion in total operating revenue in 2022, operating a fleet of about 7,200 tractors and 14,400 trailers.
The acquisition of U.S. Express by Knight-Swift (KNX) is likely to be completed in late second-quarter or early third-quarter 2023.